On 29 December 2021, the National Revenue Agency (NRA) announced that taxpayers fined for administrative violations of tax laws can only pay 80% of the fine imposed. This is only allowed if the taxpayer pays the fine within 14 days of the imposition of the fine.
The measure aims to encourage quick and timely payment of fines and reduce pressure on tax collectors. The newly adopted regulation applies retrospectively to 23 December 2021. Thus, a taxpayer could only pay 80% of the fine if the fine is imposed after 22 December 2021, and if the fines were imposed before 22 December 2021 if 14 days have not passed since the day the fine was imposed.
